Experts predict the exact price of Ethereum after the Merge

Blogger and crypto enthusiast Maximilian Perkmann expressed his guess as to the Ethereum price after Merge — the process of switching the network from the Proof-of-Work mechanism to Proof-of-Stake. The prices of the second cryptocurrency are expected to soar after the update, but analysts’ forecasts vary on exactly how much.

As it became known earlier, the migration to the new mechanism is scheduled for September 19. Many changes are coming, which include:

• moving away from mining stacking;
• increasing the number of transactions by eliminating network scaling issues (from 15 now to 100 in the future);
• reducing power consumption by 99,95%;
• better security (especially with the 51% attack is a sign that hackers have attacked the blockchain network. If it occurred, the attacker organization could control most of the hashing rate, which in 99% of cases guarantees a system failure rate). 

What to expect from Ethereum prices?

The merge announcement was enough to cause Ethereum prices to skyrocket; there is reason to believe that the coin’s value will rise even more. In fact, the company is producing a pioneering idea in the DeFi industry, and decentralized finance, along with NFT, is considered one of the fastest-growing sectors in the crypto space.

There is a perception that Ethereum is destined for growth. For example, analysts at Bloomberg suggested in April that the coin would trade for around $6K after the merger.

However, not everyone has such faith in the ETH; Finder.com published a report in which experts from fintech and cryptocurrency fields suggested that Ethereum will first grow to ~$2.7K after the merge, then drop to $675, and by the end of 2022 will rise to the $1711 mark. Considering that at the time of writing, one coin is worth $1714, it turns out that the network update will not affect Ethereum’s price right now but will allow investors to buy in quite nicely. But speaking of long-term prospects, experts believe the coin will rise in value to $5739 by 2025 and to $14,412 by the end of 2030.

The same swing is expected by the CEO of CloudTech Group Kevin He. He thinks Ethereum will drop to $750 by the end of 2022, but will be trading at $5K per coin by the end of 2025.

The big question is how the merge will go through, and whether it will be completed. There are predictions that it won’t happen, and then the value of the coin is likely to remain unchanged, or even fall. However, the opposite effect cannot be excepted, then, given all the innovations and advantages of the network, the demand for Ethereum will increase, and with it the price, which, given the unpredictability of the cryptocurrency market, can go even TO THE MOON.